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10:44 COMMENT: Crystal-ball gazing: what's the Infosys stock saying?

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23:03 Reliance Jio ends free data plan, but offers cheapest rates; free calls to continue

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19:36 7/7 Pollsters Predict BJP Win in UP, AAP and Congress Neck-and-Neck in Punjab

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11:05 Mapping the market: OMCs hit fresh all-time highs, Sensex up for fourth day

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01:01 Petrol, diesel delivered at your doorstep? Petro ministry looks to make it possible

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03:27 Amul and HUL slug it out in court over the TV commercial that derides HUL frozen desserts

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16:27 Another 1.15 lakh cos in Mumbai may join GST portal soon

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01:45 Wipro to let go 350-400 employees this fiscal

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Business

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  • Banks, FMCG lift Nifty above 9300; Sensex up 287 pts; Midcap at record closing high

    25 April, 2017 10:45 AM 7

    It was a record breaking day for the market Tuesday as the Nifty closed above psychological 9,300-mark for the first time ever; and the Sensex rallied nearly 300 points. It was driven by global cues post French election's first round results; and positive earnings from Indian Bank & Reliance Industries. The 30-share BSE Sensex was up 287.40 points or 0.97 percent

  • Public sector bank merger healthy for banking system: RBI’s Urjit Patel

    25 April, 2017 10:29 AM 14

    RBI governor Urjit Patel has said the Indian banking system could be better off if some public sector banks are merged to have fewer, but healthier, entities New York: RBI governor Urjit Patel has said the Indian banking system could be better off if some public sector banks are consolidated to have fewer but healthier entities, as it would help in dealing

  • Closing bell: Nifty closes above 9300 for first time ever, Sensex gains 287 pts

    25 April, 2017 10:08 AM 22

    3:30 pm Market Closing: Equity benchmarks rallied for the second consecutive session on Tuesday as the Nifty closed above 9,300 for the first time every. The Sensex surged 287.40 points or 0.97 percent to 29,943.24 and the Nifty gained 88.65 points or 0.96 percent at 9,306.60, backed by banking & financials, FMCG and Reliance Industries. 3:15 pm Europe

  • Welspun India Q4 net profit falls 22.57% to Rs 154 cr

    25 April, 2017 10:04 AM 14

    Textiles firm Welspun India today reported a 22.57 per cent fall in consolidated net profit at Rs 154.48 crore for the quarter ended March 31. Total income of the company increased by 8.1 per cent to Rs 1,772.71 crore during the quarter under review as against Rs 1,639.38 crore during the same period previous fiscal, Welspun India said in a BSE filing

  • NMDC's Karnataka pellet plant gets into trial run

    25 April, 2017 9:26 AM 16

    Public mining company NMDC has started trial production at its pellet plant at Donimalai in Bellary district of Karnataka. "The construction of... the pellet plant at Donimalai in Karnataka is complete and trial production commenced," said the latest report of the steel ministry. NMDC has set up the 1.2 million tonne per annum pellet plant at Donimalai

  • Reliance Jio losses rise but Verizon shows its worth the pain

    25 April, 2017 8:55 AM 29

    Verizon’s success in the US has demonstrated quite clearly that market leadership, whic Reliance is betting on, is worth bleeding for Singapore: India’s most valuable business is earning money hand over fist from oil. Yet what’s exciting investors about Reliance Industries are its telecoms losses. Those should go some way toward creating the Indian equivalent

  • Tightening ahead? RBI's Urjit Patel says emerging-market rates to rise

    25 April, 2017 8:49 AM 17

    India's central bank chief said a phase of rising interest rates is setting in for emerging markets, reinforcing views that monetary policy could be tightened in Asia’s third-largest economy in coming months. Governor Urjit Patel’s comments follow minutes of policymakers’ April meeting released last week, which were more hawkish than markets expected

  • Nokia 3310, pre-orders from May 5 at a price of Rs 3,899

    25 April, 2017 5:59 AM 19

    Nokia’s iconic phone, Nokia 3310 is all set to make a comeback. As per a report, Nokia 3310 (2017) will be available for orders from May 5 at a price of Rs 3,899. The report also claims that the deliveries for the revamped Nokia 3310 will begin in May 2017 in India. Available in four color variants – Warm Red, Yellow, Dark Blue and Grey, Nokiaâ

  • Resistance for Bank Nifty at 22100: Stewart & Mackertich

    25 April, 2017 5:40 AM 20

    Immediate up-trending channel resistance is placed around 22100. While, the immediate support is placed around 21730, says a report by Stewart & Mackertich. Taking global market cues Nifty is expected to open positive and likely to hold intraday positive momentum as long as it trades above 9180. Immediate resistance is placed around 9250. 9280 is the next resistance

  • Where would Apple, IBM be if not for talent from across globe: Urjit Patel

    25 April, 2017 4:56 AM 21

    NEW YORK: Cautioning against protectionism, RBI Governor Urjit Patel has said where would giant American corporations like Apple, Cisco and IBM be if they had not sourced the best products and talent from across the world. "I don't think that we have heard the last word on US policy talk about this because there is a push back internationally that the world